Tag: myths about layoffs
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Are Apologists for Layoffs Actually Just Bad Economists?
Here’s a post in honor of my friend Ian Ayres, a law & economics scholar who celebrates a big birthday today. Ian is constantly challenging academics of all stripes to stretch their thinking by asking themselves hypothetical questions. His favorite rhetorical tactic always seems to include two words: Why Not? Ian eschews any line of…
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Are Layoffs Unpatriotic?
A few weeks ago, Steven H. Korman published a provocative Open Letter to CEOs in the NYTimes and the Philadelphia Inquirer. Asking other CEOs to avoid layoffs, Korman urged corporate executives to focus less on protecting stock price, profits, and the short term, and focus more on protecting the people who are working hard trying…